2024 VND to MMK Historical Review

YEARLY HIGH

0.1282 MMK

YEARLY LOW

0.0821 MMK

YEARLY AVERAGE

0.0847 MMK

2024 VND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.1282. Conversely, the yearly low was recorded on May 19, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0461 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0858 to the December average rate of 0.0825, the exchange rate registered a net change of -3.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1282 was up 41.84% compared to the 2023 peak of 0.0904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 1,282,076 MMK

2023 Average 880,855 MMK

Yearly Trough Low 820,884 MMK

Transaction Impact: A difference of 461,191.79 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0904

0.0818

JanuMarcMayJulySeptNove

VND to MMK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0847, compared to 0.0846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0847

H2 Avg (Jul–Dec) 0.0846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0455 MMK (High: 0.1282 / Low: 0.0827). On the other end, December was the most stable month, with a tight range of 0.0005 MMK (High: 0.0828 / Low: 0.0823).

July Spread (Volatile) ±0.0455

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0897) against the same month in 2023 (average: 0.0887), the exchange rate shifted by +0.0011 (+1.20%).

2024 Avg (July) 0.0897

2023 Avg (July) 0.0887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0868	0.0853	0.0858
February	0.0870	0.0851	0.0857
March	0.0852	0.0844	0.0849
April	0.0847	0.0823	0.0834
May	0.0828	0.0821	0.0825
June	0.0975	0.0823	0.0860
July	0.1282	0.0827	0.0897
August	0.0845	0.0832	0.0838
September	0.0855	0.0843	0.0851
October	0.0853	0.0826	0.0838
November	0.0830	0.0825	0.0827
December	0.0828	0.0823	0.0825